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Mar 19, 2013
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department of state concluded was environmentally safe yet we're style without a project, and department of energy conclude we can safely export natural gas, this is not even about a trade off between the economy and the environment. we can do these projects, prevents these projects will stop a lot of jobs from being created, it is not going to make a development in global emissions. it making no sense to me and the economy. neil: malia. >> i just quickly top say, i understand how we like to take things and combine themm but, i do not think that the only reason why keystone project is not happening is because, barack obama asked his agency this question, to get back to original topic, what i think is really important for us to look forward and you know neil, i don't think that anyone would disagree with you that jobs are important, the problem with laser beam focus you have a society and a lot of things that need to be focused on, laser beaming becomes narrowing, i don't think that is how we' our president or anyone in congress to just have like this one bullet silver bullet solution on what will
department of state concluded was environmentally safe yet we're style without a project, and department of energy conclude we can safely export natural gas, this is not even about a trade off between the economy and the environment. we can do these projects, prevents these projects will stop a lot of jobs from being created, it is not going to make a development in global emissions. it making no sense to me and the economy. neil: malia. >> i just quickly top say, i understand how we like...
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Mar 18, 2013
03/13
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it is a little bit like a bomb. >> their job is to store a vast amount of energy, so they have a lot of history of fire problems and things like that. melissa: this thing is doing particularly badly. the fix weighs 150 pounds which completely negates having the battery at all, the whole thing was that it is later, why don't they just give up on the lithium-ion battery and go back to the traditional battery? >> the world is looking for a better battery that just for airplanes, but for power grids, all sorts of things. once that comes along, boeing will switch for it. these planes have a 20 years sales cycle. if you have a six month glitch, that is not going to dramatically alter the finances for a company like boeing. melissa: we will not think about this every time i see i'm going to get onto a boeing 787, i will not go switch the flight were not booked a ticket online? you can see what kind of a plane it is. >> what will you do instead? they all have issues at the beginning of production. airbus had an engine transmission problem. we talked but more with boeing because this aircraft
it is a little bit like a bomb. >> their job is to store a vast amount of energy, so they have a lot of history of fire problems and things like that. melissa: this thing is doing particularly badly. the fix weighs 150 pounds which completely negates having the battery at all, the whole thing was that it is later, why don't they just give up on the lithium-ion battery and go back to the traditional battery? >> the world is looking for a better battery that just for airplanes, but...
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Mar 20, 2013
03/13
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but clean energy fuels and they have done a tremendous job. ey will have i conjunction with pilot flying j, who are the biggt truck stop operators in the united states, they will have 150 stations on the interstate by the end of this year. so, it's happening and the chinese are seeing opportunity so they're going to try to move in on it. melissa: it is definitely happening. i look at like nearly half of all the garbage troubles operate here in the u.s. run on natural gas. we areeeing a lot of fleets transferred over because of carbon emissions. especially because of the fracking boom, we are seeing so much natural gas out there. let me ask you, are you making money on this so far? i mean has it reached critical mass to the point where it is returning profits to you? >> you aren't at the level where you're making a lot of money, but for instance, clean energy fuels, they have plowed everything back into the infrastructure. so, yes, if they stopped building, they would immediately start making money but, otherwise they are putting it back in. it
but clean energy fuels and they have done a tremendous job. ey will have i conjunction with pilot flying j, who are the biggt truck stop operators in the united states, they will have 150 stations on the interstate by the end of this year. so, it's happening and the chinese are seeing opportunity so they're going to try to move in on it. melissa: it is definitely happening. i look at like nearly half of all the garbage troubles operate here in the u.s. run on natural gas. we areeeing a lot of...
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Mar 20, 2013
03/13
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energy i'm not so sure about, they'll get a mini gun deal background checks. i'm not quite sure that that, though, really means that they can't, that they shouldn't focus on the budgetary stuff because that really does dominate. >> rose: so what if the president said and you heard this from me before. what if the president says i will lay out everything i do in terms of entitlement reform and gets the democrat party in the house and the senate behind him. i'm going to make a bold step here and put the ball in their court. would that have consequence? >> well he's certainly done that privately. when he spoke to the congressional democrats in private meet, this week he says we ought to do entitlement reform now because it will be a much better deal than if you wait and do it under republican president. if you look at his proposals, he's right. he's proposed means testing. mark's right he didn't want the public to know bit. there's a real balancing act here that the only way he's going to get republicans to give on renews and some won't is to do really serious su
energy i'm not so sure about, they'll get a mini gun deal background checks. i'm not quite sure that that, though, really means that they can't, that they shouldn't focus on the budgetary stuff because that really does dominate. >> rose: so what if the president said and you heard this from me before. what if the president says i will lay out everything i do in terms of entitlement reform and gets the democrat party in the house and the senate behind him. i'm going to make a bold step...
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Mar 18, 2013
03/13
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>> i think we'll see add energy associated with the trade. they will probably be added participation and heightened volatility. i think that goes without saying. anyone who is going to tell you whether this is a buying opportunity or whether this will be a v-top opportunity is basically lying to you. i can't tell you that, either. i wish i could because i wouldn't be sitting in this chair if i could. but for the most part, again, i think you have to be aware of the fact that this has completely changed the game. and i think this goes without saying. the markets are reflecting that. one thing i'm shocked about is that we haven't seen an all-out sellout in terms of equity markets here. we have come off a bit, but holding key levels of support around that 1525 is a major level of support and we have yet to breach that yet. seeing some strength in the dollar coming off of that 83 level as of recent, but the euro currency is hurting below that 1.30 handle again. >> and yet we're showing you it's up 0.2%. this is hardly the picture of a plummeting
>> i think we'll see add energy associated with the trade. they will probably be added participation and heightened volatility. i think that goes without saying. anyone who is going to tell you whether this is a buying opportunity or whether this will be a v-top opportunity is basically lying to you. i can't tell you that, either. i wish i could because i wouldn't be sitting in this chair if i could. but for the most part, again, i think you have to be aware of the fact that this has...
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Mar 18, 2013
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will nationalize the energy? i don't think because they did something stupid, other than that, that it was approved by the ecb, i don't think in italy or spain or the united states certainly we should not be worried about it. >> i think the over all message is, greece will never restructure and greece restructured. we will never trigger a credit default swap. they triggered credit default swaps. the depositors will never be touched. depositors were touched. senior bondholders are never going to be touched. guess what, they're next. it's this european -- >> outlying small countries that have very, very little impact on the global situation. that has become true. >> but they are part of the european union and the you row zone. >> are we going to take money back from depositors in italy? >> you know this is cyprus making this decision. this is the big -- >> whoa. >> this is germany, this is france making this decision for cyprus. >> more germany than france, i would say, but, yes. >> i want to ask you, one of the re
will nationalize the energy? i don't think because they did something stupid, other than that, that it was approved by the ecb, i don't think in italy or spain or the united states certainly we should not be worried about it. >> i think the over all message is, greece will never restructure and greece restructured. we will never trigger a credit default swap. they triggered credit default swaps. the depositors will never be touched. depositors were touched. senior bondholders are never...
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Mar 19, 2013
03/13
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consumer and energy stocks were the day's the biggest laggards. that sent traders into the safety of gold. gold climbing for the fourth straight session. adding $6.77, to $1611 an ounce for gold. this is the highest close since february 26th. >>> after jumping double digits yesterday, the volatility index, the vix, posted double-digit gains once again. the so-called fear gauge closing higher by almost 8%. call options on the vix which pay off if there is a rise in the index, hit a record 7.5 million contracts so far this week. lauren? lauren: emerging markets are off to a sluggish start this year on track for their longest losing streak since november. david: despite slow growth we have someone who says there is still ways to make money in undeveloped regions. we have peter newell, senior portfolio manager. always a pleasure to see you. first off we talked with the milken institute guy how fast some countries are growing. sometimes statistics can mislead you. people look at china, see unbelievable 9% growth rate, first of all if you believe the go
consumer and energy stocks were the day's the biggest laggards. that sent traders into the safety of gold. gold climbing for the fourth straight session. adding $6.77, to $1611 an ounce for gold. this is the highest close since february 26th. >>> after jumping double digits yesterday, the volatility index, the vix, posted double-digit gains once again. the so-called fear gauge closing higher by almost 8%. call options on the vix which pay off if there is a rise in the index, hit a...
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Mar 18, 2013
03/13
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peabody energy. >> reduced to neutral. $21 price target on it. short interest, has risen 56% in the last couple of weeks. for a quick trade, go knock yourself out. you would be long. longer term, there's no fundamental strength in this name. you won't see it with additional interest. >>> coming up on "halftime," an interesting way for the individual trader to trade options. "halftime is back in two." but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. atten
peabody energy. >> reduced to neutral. $21 price target on it. short interest, has risen 56% in the last couple of weeks. for a quick trade, go knock yourself out. you would be long. longer term, there's no fundamental strength in this name. you won't see it with additional interest. >>> coming up on "halftime," an interesting way for the individual trader to trade options. "halftime is back in two." but we can still help you see your big picture. with the...
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Mar 19, 2013
03/13
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and i love domestic energy. natural gas, marcellus shale, anything coming out of the ground in the u.s. is going to have a dominant position in the next economic move. so i think it's a great place to begin to invest. >> and i just wonder as people get into these levels, and is i know there is a debate that's been playing out in markets. but we've had such a run up. even aus mentioned from the regional banks, banks have completely rerated even to where we were a year ago. do you just continue to stick with the winners, though, or is there a sense for looking for better value? >> i definitely think you look for value but you pick your spots carefully. there are some stocks that haven't participated in the regional banking area, particularly on the lower end of the cap ranges. those can be bought selectively. some of the marcellus shares are doing extremely well, but can be bought at a reasonable price. some of those plays are undervalued in my opinion. there's lots of opportunity. you have to pick your sots, thou
and i love domestic energy. natural gas, marcellus shale, anything coming out of the ground in the u.s. is going to have a dominant position in the next economic move. so i think it's a great place to begin to invest. >> and i just wonder as people get into these levels, and is i know there is a debate that's been playing out in markets. but we've had such a run up. even aus mentioned from the regional banks, banks have completely rerated even to where we were a year ago. do you just...
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Mar 19, 2013
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in addition, energy continues to look attractive. so, again, a very pro-cyclical stance, but one we think is very appealing from a value situation standpoint. >> okay. and in terms of sectors leading growth, same question to you both. what do you think? >> we're going to add on to that list. things like the regional financials the that have exposure to the reshoring of manufacturing and the energy sector. i think energy drives a lot of interesting peripheral activity. strengthen the rails and other transports, we think will also be beneficiaries here, as well as infrastructure play as well as mlps. >> do you agree with that? >> i like health care, but i also like consumer, and even though the consumer doesn't have as much confidence as they had before, i think in terms of upside versus downside, that's a place that i'm looking. and when you have a company like footlocker that's trading at 5.5 times ebitda, how much lower can it really go? big lots, same thing. there are a lot of these names that have been beaten up that don't have a
in addition, energy continues to look attractive. so, again, a very pro-cyclical stance, but one we think is very appealing from a value situation standpoint. >> okay. and in terms of sectors leading growth, same question to you both. what do you think? >> we're going to add on to that list. things like the regional financials the that have exposure to the reshoring of manufacturing and the energy sector. i think energy drives a lot of interesting peripheral activity. strengthen the...
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Mar 18, 2013
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and alternative energy development? why not pay -- if obama gets started on this -- >> joe and i have agreed that we're going to compensate -- what do you want to see, 20%? >> we'll start at 20. we'll start at 20. >> as we spend it all, we're going to need more. we're going to need the preschool, we're going to need solar energy. >> i thought i was completely wrong this what it was. >> it's an island, isn't it? >> it's an island. >> but it shows you how interconnected it is. >> i know. and fait accompli, he said i got there and is they were doing it. >> what if you found out that your bank got taken over by the fdic and the insurance that you thought protected your money was not there, that it was wrong? that's the problem. >> and by the way, 10% of your money is gone, too. >> explain to the eurozone just waking up exactly what -- >> carolin is going to do that supposedly when we throw to her. >> they have to do something. >> they follow twitter. >> did you wear your jacket last week? >> no. >> will you write down all o
and alternative energy development? why not pay -- if obama gets started on this -- >> joe and i have agreed that we're going to compensate -- what do you want to see, 20%? >> we'll start at 20. we'll start at 20. >> as we spend it all, we're going to need more. we're going to need the preschool, we're going to need solar energy. >> i thought i was completely wrong this what it was. >> it's an island, isn't it? >> it's an island. >> but it shows you how...
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Mar 21, 2013
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plus the concerns over energy, human rights and syria, as well. so the eu and russia are at logger heads on so many issues, not that you would have known it by listening to this today. anyway, let's get back to what michael sarris is doing. i thought he might be scurrying around the edge. we're trying to find out his whe whereabouts at the moment. we know he's going to have a one-on-one with mr. medvedev later on and speak to the president, as well. whether they can work something out, that remain toes be seen. but all talk about property deals, about banking deals and energy deals, at the moment, i would suggest that tensive and a little bit premature. kelly, back to you. >> steve, thanks very much for that. any deal with russia may be premature certainly isn't going to calm things in cyprus. this morning, the european central bank in a statement has said in order to continue its emergency liquidity systems past monday the 25th, cyprus has to have a bailout in place. any prospect of that? >> well, that adds a sense of urgency to the situation. ti
plus the concerns over energy, human rights and syria, as well. so the eu and russia are at logger heads on so many issues, not that you would have known it by listening to this today. anyway, let's get back to what michael sarris is doing. i thought he might be scurrying around the edge. we're trying to find out his whe whereabouts at the moment. we know he's going to have a one-on-one with mr. medvedev later on and speak to the president, as well. whether they can work something out, that...
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Mar 19, 2013
03/13
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what is going on with chesapeake energy? the stock is moving. nicole: did you actually say you are going to buy something for somebody should mark that should be the headline right there. chesapeake being cut today to an under performer. making available $2.3 billion this move for chesapeake energy under some pressure. stuart: the situation of cyprus. it is scaring people. how confident are you in this country's banks? we have some numbers for you coming up. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on tnkorswim. from td ameritrade. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] y
what is going on with chesapeake energy? the stock is moving. nicole: did you actually say you are going to buy something for somebody should mark that should be the headline right there. chesapeake being cut today to an under performer. making available $2.3 billion this move for chesapeake energy under some pressure. stuart: the situation of cyprus. it is scaring people. how confident are you in this country's banks? we have some numbers for you coming up. ♪ [ cows moo ] [ sizzling ] more...
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Mar 18, 2013
03/13
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other names in the green, best buy as well as consol energy. laggards, helmeritch & paine. and finally. in the nasdaq. intuitive surgical. analysts saying upside potential outweighs downside risk over the next month months. back to you. >> thanks, josh. >>> we're heading toward the close. about 50 minutes left here. let's see if the markets will turn positive and finish that way for the day. right now the dow is down 23 points zblrjts coming up, we talk with former treasury secretary larry summers. he'll tell us what's worrying him about the bailout in cyprus. >>> the dogs of the dow strategy worked again, so far. last year's worst performer is its best now. hewlett-packard helping the dow weather the storm from europe. get this. the once beleaguered stock is this year's best performer. up 60% just this year. we'll talk about whether hp can stay red hot coming up. >>> noted banking analyst meredith whitney sees a tremendous buying opportunity in one big bank. we'll want to talk about bank of america, jpmorgan. which one does she like? stick around to find out when we speak
other names in the green, best buy as well as consol energy. laggards, helmeritch & paine. and finally. in the nasdaq. intuitive surgical. analysts saying upside potential outweighs downside risk over the next month months. back to you. >> thanks, josh. >>> we're heading toward the close. about 50 minutes left here. let's see if the markets will turn positive and finish that way for the day. right now the dow is down 23 points zblrjts coming up, we talk with former treasury...
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Mar 18, 2013
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we would rebuild the 20th century energy system to create the 21st century energy system. stuart: we hear you. come back and see us again real soon. thank you, sir. >> thank you. stuart: carnival cruise lines has had technical problems recently. where is the stock now? three incidents now. connell: they had the triumph, the legend and the dream. carnival is down 1.7%. the market has been breaking new highs and we watched carnival dwindle. it is down about 7% over the last three months. stuart: tell me about hewlett-packard. nicole: it has an up arrow. morgan stanley upgraded hewlett-packard today. they certainly think that there is upside potential. stuart: all right. we will take it. it looks like republicans are finally listening to our very own charles payne. they are spending money on minority outreach. the mainstream media fare on their coverage of president obama? >> last week he said, no, you will not get a balanced budget for the sake of balance. he is clearly movinthe goalposts. this press seems to be ignoring it. ♪ with fidelity's new options platform, we've co
we would rebuild the 20th century energy system to create the 21st century energy system. stuart: we hear you. come back and see us again real soon. thank you, sir. >> thank you. stuart: carnival cruise lines has had technical problems recently. where is the stock now? three incidents now. connell: they had the triumph, the legend and the dream. carnival is down 1.7%. the market has been breaking new highs and we watched carnival dwindle. it is down about 7% over the last three months....
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Mar 15, 2013
03/13
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meanwhile, the ceo of italian energy giant pala scleroni told us he's not concerned about weakness in europe because he's turning his attention to china. this after the company announced a deal to sell 20% of its stake in the mozambique gas field with cnpc. i asked him why now. >> we want to give value to this huge discovery in mozambique. the best way to give value is to involved in the project in natural biogas and cnpc is the most natural biogas in that part of world. >> that makes a certain amount of sense. a lot of people have looked at your global strategy and said you're early and aggressive when it comes to, for example, africa. so what about at home in italy, how weak is the market there and how much of a problem is that for your business? >> it is not a big problem because 90% of our -- are outside of europe, not only are we certainly our italian and european businesses have been suffering through 2012. but i'm expecting some near 2013 to see a new recovery of the euro. >> a new recovery. it's a tough road ahead for italy, but we'll look at that later. plus, is boeing close
meanwhile, the ceo of italian energy giant pala scleroni told us he's not concerned about weakness in europe because he's turning his attention to china. this after the company announced a deal to sell 20% of its stake in the mozambique gas field with cnpc. i asked him why now. >> we want to give value to this huge discovery in mozambique. the best way to give value is to involved in the project in natural biogas and cnpc is the most natural biogas in that part of world. >> that...
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Mar 14, 2013
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stripping out food and energy. towards 8:30, the fourth quarter current account as for earnings, look for numbers today from clothing retailer aeropostale and krispy kreme doughnuts. we'll seet that can tell us about the state of the u.s. consumer. i expect they're still sucking them down. >>> jack lew make his first appearance as treasury secretary today. he'll highlight the importance of investing in infrastructure, manufacturing and job creation. steve liesman will be travel, jack lew and we'll have a one-on-one interview with the new treasury secretary today at 4:00 p.m. on closing bell. >>> samsung will launch the latest model of its galaxy smartphone tonight in new york at 7:30 p.m. eastern. the hype is growing for the galaxy 4 with reports suggesting an eye-controlled screen. apple isn't taking the samsung launch lying down. it's believed rival devices are inferior to the iphone. joining us now, david garrity from new york. david, we're just, wa, a little more than 12 hours away from samsung's launch tonight
stripping out food and energy. towards 8:30, the fourth quarter current account as for earnings, look for numbers today from clothing retailer aeropostale and krispy kreme doughnuts. we'll seet that can tell us about the state of the u.s. consumer. i expect they're still sucking them down. >>> jack lew make his first appearance as treasury secretary today. he'll highlight the importance of investing in infrastructure, manufacturing and job creation. steve liesman will be travel, jack...
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Mar 20, 2013
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energy names. this is why oil prices were kind of flat. chevron up 85 cents. parker hannifin at a new high. so close with the dow. but we're up to 14 house, 507. lauren simonetti and david asman through the next hour david: very interesting, cheryl. good to see you lauren. lauren: hi. david: we have wayne angell. we have ron paul. of course his encounters with ben bernanke were legendary, historic. we'll talk to them coming up very shortly. lauren: it will be hard to get answers today because the fed is stuck in this really tough positions. we have to it figure out how to jump-start the economy, not just the stock market. let's go to nicole petallides at new york stock exchange. david: let's start, nicole. we start with fedex it was an extraordinary run-up. it was in the $100 range. it pulls back quite a bit. this is the biggest pullback since 2011? >> certainly is, the biggest pull back since 2011. concerns globally and also going to cut down what they're shipping over it asia. lauren: how is oracle looking ahead of their earnings release, nicole? >> we're wa
energy names. this is why oil prices were kind of flat. chevron up 85 cents. parker hannifin at a new high. so close with the dow. but we're up to 14 house, 507. lauren simonetti and david asman through the next hour david: very interesting, cheryl. good to see you lauren. lauren: hi. david: we have wayne angell. we have ron paul. of course his encounters with ben bernanke were legendary, historic. we'll talk to them coming up very shortly. lauren: it will be hard to get answers today because...
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Mar 14, 2013
03/13
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their industrial business, 20% is energy which is starting to see secular tailwinds. and infrastructure is what they do best. and i think that is a multiple enhancing event. in addition, margins are stabilized and poised to go higher. >> i don't hate it, let me start there. here's the problem -- you can only own so many stocks. there's no reason to think at all that, a, this rally should continue or, b, it should outperform the. you're almost better off with a basket from g.e. all the things stephanie says are true. however, this is already discounting a lot of that. it's an 18 multiple. the dow is selling for under 16. i have no idea why it's getting premium. 20% of the business is europe which is contracting. there's no revenue growth for the company overall. the bottom line, i'll finish here, there's a momentum divergence negative beneath the surface. meaning the buyers are not quite as aggressive as 23 as they were at 21. >> if you're worry good the market, this is the tar heel you want. you get 3.2% dividend yield. it's trading more -- >> trailing. >> okay. i'm l
their industrial business, 20% is energy which is starting to see secular tailwinds. and infrastructure is what they do best. and i think that is a multiple enhancing event. in addition, margins are stabilized and poised to go higher. >> i don't hate it, let me start there. here's the problem -- you can only own so many stocks. there's no reason to think at all that, a, this rally should continue or, b, it should outperform the. you're almost better off with a basket from g.e. all the...
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Mar 16, 2013
03/13
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. >> beppe grillo has plenty of energy. before the elections, he pushed from one piozzi to the next, trying to get close to the people. he documented his road to success on the web. the internet is beppe grillo's most important means of communication. his blog is one of the most successful in italy. >> i have been writing here for seven years every single day. >> after the election, it is all down to his five-star movement. they could remain in opposition or form a coalition with the very politicians beppe grillo has been attacking force along. >> they are parasites. only out to make money and get rich. they see politics as their private little business. our movement proclaimed a revolution. >> revolution -- that is what beppe grillo has been calling for for decades. in 1986, when he made fun of the socialist when his corruption scandal was on public television, he reconstructed a conversation with the politician's secretary. >> more than 1 billion people live in china, all of the socialists, so who are the ceiling from? >>
. >> beppe grillo has plenty of energy. before the elections, he pushed from one piozzi to the next, trying to get close to the people. he documented his road to success on the web. the internet is beppe grillo's most important means of communication. his blog is one of the most successful in italy. >> i have been writing here for seven years every single day. >> after the election, it is all down to his five-star movement. they could remain in opposition or form a coalition...
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Mar 14, 2013
03/13
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. >> beppe grillo has plenty of energy. before the elections, he pushed from one piozzi to the next, trying to get close to the people. he documented his road to success on the web. the internet is beppe grillo's most important means of communication. his blog is one of the most successful in italy. >> i have been writing here for seven years every single day. >> after the election, it is all down to his five-star movement. they could remain in opposition or form a coalition with the very politicians beppe grillo has been attacking force along. >> they are parasites. only out to make money and get rich. they see politics as their private little business. our movement proclaimed a revolution. >> revolution -- that is what beppe grillo has been calling for for decades. in 1986, when he made fun of the socialist when his corruption scandal was on public television, he reconstructed a conversation with the politician's secretary. >> more than 1 billion people live in china, all of the socialists, so who are the ceiling from? >>
. >> beppe grillo has plenty of energy. before the elections, he pushed from one piozzi to the next, trying to get close to the people. he documented his road to success on the web. the internet is beppe grillo's most important means of communication. his blog is one of the most successful in italy. >> i have been writing here for seven years every single day. >> after the election, it is all down to his five-star movement. they could remain in opposition or form a coalition...
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. ♪ chevron has been developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> all right. welcome >>> all right. welcome back, everybody. first up, last week, president obama told a tv interviewer he didn't have immediate debt crisis. or we in america don't have an immediate debt crisis. and this weekend speaker boehner said basically the same thing. >> we do not have an immediate debt crisis. but we all know that we have one looming. >> all right. you know what, i think they both could be right. i don't think we have an immediate debt crisis. i like to see more growth, not just debt root canal. oh, my god, i said it. that's, by the way, why the business round table of american ceos is pushing hard for a lower, more competitive, more pro-growth 25% corporate tax rate. so let's talk about this. steve forbes, judd gregg, jared bernstein, still with us. all righ
. ♪ chevron has been developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> all right. welcome >>> all right. welcome back, everybody. first up, last week, president obama told a tv interviewer he didn't have immediate debt crisis. or we in america...
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Mar 17, 2013
03/13
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energy independence, and costs hundreds of thousands of new american jobs in the energy industry. banks are a primary source of capital for middle-class families and small businesses. the added burden of the dodd- frank regulations, hamstrings our bank at a time when small businesses and middle-class families need them the most. it does nothing to prevent large institutions from becoming too big to fail. it will lead to the disappearance of many small minds as they cannot afford the extra costs of complying with massive additional regulation. the president has repeatedly said we need to streamline excessive regulation. dodd-frank and the patient protection act at tens of thousands of pages of additional and they are still being drafted three years later. it is time for the action to max -- match the rhetoric. let's get government out of the way and get our economy moving and put hard-working americans back to work. i yield the rest of my time. >> thank you. on the need to talk about how this budget affects the primary responsibility of federal government and national security, i w
energy independence, and costs hundreds of thousands of new american jobs in the energy industry. banks are a primary source of capital for middle-class families and small businesses. the added burden of the dodd- frank regulations, hamstrings our bank at a time when small businesses and middle-class families need them the most. it does nothing to prevent large institutions from becoming too big to fail. it will lead to the disappearance of many small minds as they cannot afford the extra costs...
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Mar 19, 2013
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exciting probably 2000 young kids in the audience and standing and chanting and if you want to find some energy for the conservative movement, you see it it there. at cpac, it's one of the biggest convocations of young people you'll see all year long. >> sean: you took a different tact than some of the other speakers and i found myself in agreement with you, and that is the republican party needs to get tougher. ill h'll be honest, i was surprised when john boehner said he trusted obama. he has been duplicitous and trying to get boehner fired. why would he say he trusts him? >> there are a lot of things we believe in and shouldn't give up on and some of the things i was talking about, i think, attracts people from both the left and right and that's supporting your right to trial by jury, your right to be innocent until proven guilty, these are such time-honored concepts that i think it allows the republican party to get bigger, but our young people want us to stand for something, really stand on principle and i think that's why the filibuster probably helped me to gain enough votes to win in th
exciting probably 2000 young kids in the audience and standing and chanting and if you want to find some energy for the conservative movement, you see it it there. at cpac, it's one of the biggest convocations of young people you'll see all year long. >> sean: you took a different tact than some of the other speakers and i found myself in agreement with you, and that is the republican party needs to get tougher. ill h'll be honest, i was surprised when john boehner said he trusted obama....
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Mar 18, 2013
03/13
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cheryl: and one that big energy companies throughout this country like a lot as well. thank you very much. time to make man. looking at stocks. i follow this company. >> you love this company. cheryl: i do. it's a great company. >> they're hiring people. >> they're hiring people and also the fact they're monetizing the cloud and they're building all cloud infrastructure. >> it is absolutely amazing company to your point. fourth quarter revenues up 25%. the margins expand a little bit. net revenue almost doubled year over year. stocks got hammered. it's such a successful company and had been. it's not a cheap stock. having said that, though, this is a company that's done just about everything right. now, some downgraded the stock. i think it's down too much. look at that chart. high was over $80. near $50 right now. cheryl: on the one-year. >> so you can see the huge room, no room for error. i like it here using 49 as the stop loss. i will tell you, it's tough today in the rumors. today they're seeing i.b.m. is looking at the company. own if they don't, this stock is --
cheryl: and one that big energy companies throughout this country like a lot as well. thank you very much. time to make man. looking at stocks. i follow this company. >> you love this company. cheryl: i do. it's a great company. >> they're hiring people. >> they're hiring people and also the fact they're monetizing the cloud and they're building all cloud infrastructure. >> it is absolutely amazing company to your point. fourth quarter revenues up 25%. the margins expand...
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Mar 13, 2013
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that takes a little bit of focus, energy away. we also have options expiration, and the battle at the nasdaq around the 28 even level. but also multiple intraday divergence. perfect example, yesterday as the s&ps trading down lower. breath was unwilling to get into new low levels. that difference between advancers and decliners of the new york stock exchange. again, divergent type activity, low energy, very low volatility, but we're seeing a lot of conviction to the upside. >> yep, we certainly are, we see how it all unfolds today. we'll talk to you again soon. >>> still to come on "squawk" this morning, smartphone wars. samsung, apple, blackberry, who will be the ultimate winner? there. i said it. they don't have pictures of my kids. they don't have my yoga mat. and still, i feel at home. could it be the flat screen tv? the not so mini fridge? ♪ the different free dinner almost every weeknight? or maybe, it's all of the above. and all the rest. am i home? nope. but it almost feels that way. homewood suites by hilton. be at home
that takes a little bit of focus, energy away. we also have options expiration, and the battle at the nasdaq around the 28 even level. but also multiple intraday divergence. perfect example, yesterday as the s&ps trading down lower. breath was unwilling to get into new low levels. that difference between advancers and decliners of the new york stock exchange. again, divergent type activity, low energy, very low volatility, but we're seeing a lot of conviction to the upside. >> yep, we...
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giant gazprom proposed its own bailout to cyprus in return for energy exploration rights around the island but it was turned down because cyprus wanted a solution from within the e.u. all of this does raise questions about the future of russian deposits in cyprus about whether this tax will hurt more investors all the banks that hold their deposits if those deposits are withdrawn it also raises questions over a two point five billion euro loan given by russia to cyprus which may itself not be extended. well global markets analysts petrie young says that even proposition to encroach on personal as well as foreign bank deposits risks the whole banking system. the eurozone and the european union have looked at the overall cyprus situation and said a huge swathe of deposits here come from people outside the european union and whether they've done it entirely cynically or whether they've done it entirely consciously we can never be absolutely clear but there certainly looks to me to be a lot of politics behind this move essentially the euro zone the european union have said who can we ma
giant gazprom proposed its own bailout to cyprus in return for energy exploration rights around the island but it was turned down because cyprus wanted a solution from within the e.u. all of this does raise questions about the future of russian deposits in cyprus about whether this tax will hurt more investors all the banks that hold their deposits if those deposits are withdrawn it also raises questions over a two point five billion euro loan given by russia to cyprus which may itself not be...
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Mar 15, 2013
03/13
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he claims this will help bring down gas prices at the pump. >> let's set up an energy security trust that helps free our families and our businesses from painful spikes in gas once and for all. >> reporter: american petroleum institute they are all for alternative sources of energy. they have been pushing for that as well but the problem is more than 80% of federal lands are put off right now from drilling. they don't think much money in royalties will come in anyway. >> harris: in a place it seems like they are allergic to bipartisanship but they are getting together on keystone? >> it's pressure to approve keystone pipeline which would go from canada to texas. bottom line it's mostly been republicans complaining about the president and the state department dragging their heels on this, but today there were republicans joining democrats saying it's time to pass it fake a listen. >> 1300 days to win world war 2. lewis and clark expedition, the keystone expedition 1636 and counting. >> we should have been building it four years ago. this has been studied for a long time. it's all abou
he claims this will help bring down gas prices at the pump. >> let's set up an energy security trust that helps free our families and our businesses from painful spikes in gas once and for all. >> reporter: american petroleum institute they are all for alternative sources of energy. they have been pushing for that as well but the problem is more than 80% of federal lands are put off right now from drilling. they don't think much money in royalties will come in anyway. >>...
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Mar 19, 2013
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there's energy, you see crude is around $94 or so. it seems like it's been anywhere between $90 and $95 for months and months. steve liesman joins us on set with a special guest. who do you have? >> i have krzysztchri christofft et means for global prices and economics. let's go piece by piece. let's talk about demand and supply, which is on its own track, and what happens to supply. how much oil is going to be produced here in the united states over the next few years? >> it is going to be big. it is big already. if you look back five or six years, the u.s. imported more than 12 million barrels per day. last year, they were down to 7.5. this year, it's probably down another million. so that is fallen by half in five or six years. most of that is domestic production. a little bit of biofuels. >> explain what tight oil is. >> we had shale gas, and hot on the heels of the shale gas revolution comes tight oil. >> embedded in the rock where the gas is and they call it tidal part because it's hard to extract. >> so you go in with horizonta
there's energy, you see crude is around $94 or so. it seems like it's been anywhere between $90 and $95 for months and months. steve liesman joins us on set with a special guest. who do you have? >> i have krzysztchri christofft et means for global prices and economics. let's go piece by piece. let's talk about demand and supply, which is on its own track, and what happens to supply. how much oil is going to be produced here in the united states over the next few years? >> it is...
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plans why washington is now threatening pakistan with sanctions after trying to ease its crippling energy crisis by sealing a deal with iran. victims multiply here each day. it's very profitable to invest in colombia when the very profit out of them is a very high return on investment. which is good oh yes it but i've been working in this area for thirty years and i've always had to pay the armed groups that are made by me that is the new the middle managers have changed their name and strategy but i just feel the same of birders. high ranking suspects give no comment where you have to say about that mr president you assume. to president putin. but the media. i won't give an interview i'm sorry but no. investigation is a dead end. and says sic stop your bullshit and keep quiet or else you'll suffer the consequences. even if they're your bodyguards to watch themselves because the same goes for them. blood rivers from gold sage couple i've never heard of such a case as ours where so much money and gold has been stolen for so many years. for all the gold in colombia on r.t.e. . they've been
plans why washington is now threatening pakistan with sanctions after trying to ease its crippling energy crisis by sealing a deal with iran. victims multiply here each day. it's very profitable to invest in colombia when the very profit out of them is a very high return on investment. which is good oh yes it but i've been working in this area for thirty years and i've always had to pay the armed groups that are made by me that is the new the middle managers have changed their name and strategy...
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to raise the stakes in these of the united states or are they actually trying to address very real energy shortages by pursuing sweetheart deals that heavily sanctioned iran can offer if there were legitimate alternative energy sources that the pakistanis could pursue chances are the united states would have already pointed them out by now and the united states will continue to try to point them out going forward but even if you find those alternative sources if you are going to be able to offer the terms that the iranians are offering the iranians put up five hundred million dollars of a one point five billion dollar project loan to the pakistanis and you know the construction is already halfway done so it's going to be tough to get the pakistanis to go on this completely but the united states isn't going to let up the pressure going forward. well look now at some of the world's other headlines a full audio recording of bradley manning telling a military court why he gave classified data to weave leaks has been leaked despite a core band manning is heard accusing the us army of not value
to raise the stakes in these of the united states or are they actually trying to address very real energy shortages by pursuing sweetheart deals that heavily sanctioned iran can offer if there were legitimate alternative energy sources that the pakistanis could pursue chances are the united states would have already pointed them out by now and the united states will continue to try to point them out going forward but even if you find those alternative sources if you are going to be able to...
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and why washington is now threatening pakistan with sanctions after a try to ease its crippling energy crisis by sealing a deal with iran. little . more news today violence is once again flared up. these are the images those world has been seeing from the streets of canada. showing corporation to rule the day. live live . live. live. live. live . live. live live live. live. live. live. live live live live live . welcome back you're watching r.t. live from moscow know there is a new war of words between the u.k. and argentina after four when i honor is voted overwhelmingly to remain a british territory argentina also claims the islands and denounced the referendum as relevant by british prime minister david cameron said he's country will always stand for the focal enters but that's in sharp contrast to the country's treatment of other islanders as our first now reports. this is the story of an island a proud and spirited people displaced i think government he put it devastatingly high price on paradise shockingly many it will be the first time the story's ever been heard. of the happine
and why washington is now threatening pakistan with sanctions after a try to ease its crippling energy crisis by sealing a deal with iran. little . more news today violence is once again flared up. these are the images those world has been seeing from the streets of canada. showing corporation to rule the day. live live . live. live. live. live . live. live live live. live. live. live. live live live live live . welcome back you're watching r.t. live from moscow know there is a new war of words...
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pakistan could soon become a victim of american sanctions aimed at iran's energy sector is because islam about sayyid up to a joint iranian pakistani gas pipeline to ease its had a crisis it could be a fresh blow to the already fragile relations with washington which have been deteriorating over a massive million casualties caused by u.s. drone strikes are the story community and explains why the risk of sanctions isn't preventing pakistan from pushing ahead with the pipeline plans. by this time these are facing a very. big troubles and very short a big shortage and you know the six hours there have been a lot of meetings between the americans and by just an islam decisional by study side has already demanded it but the americans still have them out on the no sheikh to solve the energy crisis that they're facing since a few years they have been on the promises from the american side but they have said that we want to solve the problems even if we go with the iranians in spite of the sentence so there is a determination as bite me that these are the leadership in pakistan to call for this
pakistan could soon become a victim of american sanctions aimed at iran's energy sector is because islam about sayyid up to a joint iranian pakistani gas pipeline to ease its had a crisis it could be a fresh blow to the already fragile relations with washington which have been deteriorating over a massive million casualties caused by u.s. drone strikes are the story community and explains why the risk of sanctions isn't preventing pakistan from pushing ahead with the pipeline plans. by this...
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Mar 13, 2013
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the energy side. and also, technology, the idea that with all these smart devices that we have, tablet to smart phones, you are seeing an enormous amount of demand and increasing demand, accelerating demand, if you like, for wireless internet usage which requires faster. liz: we just lost our lead on the dow jones industrials. now we are down. if all of these issues stay in place that you feel will be the driver of a continuing raging bull, how high will the drive the s&p this year. >> were looking for 1650. we could overshoot earlier in the sense that our target. we are a little bit worried. europe continues to struggle, not necessarily because the italian elections. it's improved. spanish businesses can't. it's actually quite expensive. liz: the bond yield today, even on the short end of the yield for the italian treasury's, you saw then jump about 18 basis points. doesn't that then mean that it becomes more excessively expensive? >> as you look over the last three, 1612 months, clearly european fun
the energy side. and also, technology, the idea that with all these smart devices that we have, tablet to smart phones, you are seeing an enormous amount of demand and increasing demand, accelerating demand, if you like, for wireless internet usage which requires faster. liz: we just lost our lead on the dow jones industrials. now we are down. if all of these issues stay in place that you feel will be the driver of a continuing raging bull, how high will the drive the s&p this year....
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Mar 18, 2013
03/13
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the energy boom here in the u.s. creating an energy revolution. and back with more on what this might mean for you we're joined by haroldham, the ceo of continental resources, the largest energy producer in the bakken. it is great to have you with us, harold. >> hey, good afternoon. it's good to be with you as well. >> and we should note, too, that continental's the largest leaseholder in the bakken. and in the past there have been predictions about when the u.s. could be energy independent. helped, of course, by major finds like the bakken shale. and i'm wondering because romney, for whom you were the energy adviser, had forecasted that the u.s. could be energy independent by 2020 if he had been elected. at this point where do you see that target? is this realistic? given what the situation is here politically. >> certainly we've made very good progress toward energy independence. i started talking about energy independence about two years ago. and at that time we were over 50% imports. and we've seen import level come down. now it's about 37%. s
the energy boom here in the u.s. creating an energy revolution. and back with more on what this might mean for you we're joined by haroldham, the ceo of continental resources, the largest energy producer in the bakken. it is great to have you with us, harold. >> hey, good afternoon. it's good to be with you as well. >> and we should note, too, that continental's the largest leaseholder in the bakken. and in the past there have been predictions about when the u.s. could be energy...
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Mar 18, 2013
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it will put russia in the heart of the energy sector. in eastern southern europe. >> i sold say the two fields near cyprus contain $24 trillion cubic feet of gas, it's estimated. juan, a lot of people ask when we talk about the panel, whether this could potential ever happen here. they just ask the question. >> it doesn't apply. if you want to look at taxation on activity, that's why conservative americans get upset about. why are you raising taxes and deter people engaging in more of the economic generating, job generating activity? >> last word. >> charles earlier and juan now made case for consumption based pace. so taxpayers have the opportunity to determine how much tax they are paying based on the activities. income tax is not the same as what we are seeing in cyprus but not far different. >> bret: the panel endorsing consumption tax? is that what i'm hearing? >> you heard the doctor endorse that. >> taxing russians only. [ laughter ] >> bret: next up, the g.o.p. extreme makeover. i'm doing my own sleep study. advil pm® or tylenol
it will put russia in the heart of the energy sector. in eastern southern europe. >> i sold say the two fields near cyprus contain $24 trillion cubic feet of gas, it's estimated. juan, a lot of people ask when we talk about the panel, whether this could potential ever happen here. they just ask the question. >> it doesn't apply. if you want to look at taxation on activity, that's why conservative americans get upset about. why are you raising taxes and deter people engaging in more...
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Mar 20, 2013
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apart from temporary variations in energy prices, inflation is running somewhat below the committee's longer run objective of 2%. longer term inflation expect tags remain stable. overall, still high unemployment in combination with relatively low inflation underscores the need for policies that will support progress towards makts mum employment in the context of price stability. in conjunction with this meeting, the 19 participants in our policy discussion, the 7 board members and 12 reserve bank presidents, submitted individual economic projections. as always, each participant's protections are conditioned on his or her own view of appropriate monetary policy. to summarize, the participants' projections for economic growth have a central tendency to 2.3% to 2.8% for 2013 rising to 2.9% to 3.7% in 2015. the central tenancy of their projections of the unemployment rate for the fourth quarter of this year is 7.3% to 7.5% declining to 6.0% to 6.5% in the final quarter of 2015. most participants see inflation gradually increasing toward the committee's longer run target. the central tenan
apart from temporary variations in energy prices, inflation is running somewhat below the committee's longer run objective of 2%. longer term inflation expect tags remain stable. overall, still high unemployment in combination with relatively low inflation underscores the need for policies that will support progress towards makts mum employment in the context of price stability. in conjunction with this meeting, the 19 participants in our policy discussion, the 7 board members and 12 reserve...
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Mar 21, 2013
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i if you're both a more energy efficient home, you're paying less money. we have more debate on fox business. >> shepard: a big company has created a new rule for its employees. get a health screening that includes a weighin or pay more for your health insurance. our journal analyst weighs in on it. the engines that helped put men on the moon were once thought lost to history at the bottom of the deep blue sea. now there's a mission to raise the american artifacts from miles beneath the ocean surface. humans. we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back, offering exclusive products like optional better car replacement, where if your car is totaled, we give you the money to buy one a model year newer. call... and ask an insurance expert about all our benefits today, like our 24/7 support and service, because at liberty mutual insurance, we believe our customers do their best out there in the world, so we do everything we can to be there for them when they need us. plus, you could save
i if you're both a more energy efficient home, you're paying less money. we have more debate on fox business. >> shepard: a big company has created a new rule for its employees. get a health screening that includes a weighin or pay more for your health insurance. our journal analyst weighs in on it. the engines that helped put men on the moon were once thought lost to history at the bottom of the deep blue sea. now there's a mission to raise the american artifacts from miles beneath the...
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Mar 18, 2013
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campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. i've been using crest pro-health for a week. my dentist said it was gonna help transform my mouth. [ male announcer ] go pro. for a clean that's up to four times better, try these crest pro-health products together. [ sara ] i've been using crest pro-health. so far...it feels different. [ male announcer ] crest pro-health protects not just some, but all these areas dentists check most. my mouth feels healthier. it feels cleaner. i think my dentist is gonna see the difference. [ male announcer ] go pro with crest pro-health. i don't think i'll ever go back to another product. see. all your important legal matters in just minutes. protect your family... and launch your dreams. at legalzoom.com we put the law on your side. you'll have to pay five hundred bucks for your deductible. the truth? at allstate, you could pay zero. allstate gives you a hundred dollars off your deductible the day you sign up. then another hundred off every year you don't have an acc
campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. i've been using crest pro-health for a week. my dentist said it was gonna help transform my mouth. [ male announcer ] go pro. for a clean that's up to four times better, try these crest pro-health products together. [ sara ] i've been using crest pro-health. so far...it feels different. [ male announcer ] crest pro-health protects not just some, but all these areas...
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Mar 18, 2013
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let's go to check on energy and commodities. sharon epperson at the nymex. >> definitely. that's what where the safe haven bid is. gold prices up 1700 an ounce. we got as high as 1610 an ounce. they say that is the number gold needs to close above to sustain any upward momentum here. we're still looking at $11 gain or so in the gold price. we're also keeping an eye on what's happening in other metals because copper, it's a far different story. copper continues to be one of the worst performing commodities of the day, considering what has happened to the dollar. that's a major factor there. we're already seeing concerns there in terms of short positions in the marketplace as well. according to the latest cfpc report. also watching natural gas because it's been a strong out-performer for the better part of the week. it continues to be a gainer but off of the highs of the session. there are some saying that now is the time to take profits in natural gas after this tremendous upturn we have seen in that commodity just in the last week. it's up about 30 cents or so just in one
let's go to check on energy and commodities. sharon epperson at the nymex. >> definitely. that's what where the safe haven bid is. gold prices up 1700 an ounce. we got as high as 1610 an ounce. they say that is the number gold needs to close above to sustain any upward momentum here. we're still looking at $11 gain or so in the gold price. we're also keeping an eye on what's happening in other metals because copper, it's a far different story. copper continues to be one of the worst...
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Mar 19, 2013
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we're also keeping an eye on the energy benchmarks as well. keep your eye on gasoline and heating oil. they are drifting oil and they are the leaders that are the downturn in the energy market. that is really the leader here. zbr thank you very much, sharon epperson. liberty media is acquiring them for a cool $2.5 million. they are buying from three of the private equity holders. we are joined by greg of liberty media's president and ceo. a cnbc exclusive. greg, it's a pleasure to have you with us. >> thank you for having me. >> why now? how does this fit into your portfolio? >> well, i think you noted it's rare when you have an opportunity to have the influence that liberty will like to have secondly, we've always been believers in the cable industry as a group. our sister company is the largest cable company outside the united states. and lastly, we see the opportunity with sustainable cash flows. a subscription business, finance at attractive rates as being an opportunity for liberty shareholders now. >> that's exactly the kind of company y
we're also keeping an eye on the energy benchmarks as well. keep your eye on gasoline and heating oil. they are drifting oil and they are the leaders that are the downturn in the energy market. that is really the leader here. zbr thank you very much, sharon epperson. liberty media is acquiring them for a cool $2.5 million. they are buying from three of the private equity holders. we are joined by greg of liberty media's president and ceo. a cnbc exclusive. greg, it's a pleasure to have you with...
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say agriculture, decentralizing electrical energy. that must have -- in africa the portable telephone is a big revolution because of the telephone. and then school, hospitals. but we have to start immediately there, you know. in order to bring sahel, link it to all africa. because remember that the new event in the world is that africa global speaking, not sahel is moving. if you think -- statistics of china, but after that there's africa. >> rose: yes. low base. >> low base, of course. please don't misunderstand me. they are in terrible poverty. horrible. but when you ten years ago i should have told to you look i am desperate. now i am beginning to hope, let us say beginning to hope and so the aim of the secretary-general is to help sahel link it to other africa infrastructure and so on. on the other side we have to collect money to do it. and you have to remember this, that different from syria, afghanistan. here, you have all the security council together because everybody is frightened by the new terrorists. so you have not let's
say agriculture, decentralizing electrical energy. that must have -- in africa the portable telephone is a big revolution because of the telephone. and then school, hospitals. but we have to start immediately there, you know. in order to bring sahel, link it to all africa. because remember that the new event in the world is that africa global speaking, not sahel is moving. if you think -- statistics of china, but after that there's africa. >> rose: yes. low base. >> low base, of...
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Mar 14, 2013
03/13
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CSPAN
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we have the most cost-effective energy system and energy grid in the world. it seems the more the government gets involved in it the less likely that is to continue. i see you shaking your head over there. i don't know how many of you installed the solar power plant but i have. i know what goes on in this business. since 1970 they have been doing this and they still don't have the efficiencies up where they think it ought to be. i urge people to vote no on this. i yield back. >> ladies and gentlemen, i have personal experience with this. i did it because i could afford it and i'm a geek and i thought it would be fun too to try to do it. you know what, it is a terrible investment. it will never be a return on capital. it makes me feel good. but i will never get the money back for it. why in the world if it will never work as an investment that we will impose that cost on the u.s. taxpayer? why would we oppose that cost on the payer and the utility bills? we shouldn't. that is not our job. it is not our job for the corporate welfare and pick winners and losers.
we have the most cost-effective energy system and energy grid in the world. it seems the more the government gets involved in it the less likely that is to continue. i see you shaking your head over there. i don't know how many of you installed the solar power plant but i have. i know what goes on in this business. since 1970 they have been doing this and they still don't have the efficiencies up where they think it ought to be. i urge people to vote no on this. i yield back. >> ladies...
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Mar 21, 2013
03/13
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CNBC
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. ♪ chevron has been developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> >>> welcome back to "the kudlow report." i'm larry kudlow. stocks may have dropped today but we've still got even more good news on the economy. now does that mean bern bernanke is going take his foot off the gas pedal sooner rather than later? that might be what's rather bothering stock investors. and where is the new jack kemp now that we need him? a republican who related to everyone with an optimistic but simple message of economic growth for all, we will ask lar larry sabateau in just a few minutes. >> a tax is a tax is a tax. if you tax something more, you get less of it. piling on new taxes is always bad for economic growth period. and yet out of washington comes yet another proposal for another tax. this one known as the marketplace fairness act but it is just a national in
. ♪ chevron has been developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> >>> welcome back to "the kudlow report." i'm larry kudlow. stocks may have dropped today but we've still got even more good news on the economy. now does that mean...
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Mar 21, 2013
03/13
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speaking of russian money interest, there is a major deal in the energy world today. >> reporter: that's right, brian. we told viewers about this earlier this month. and now the deal has closed. russia state oil giant rosneft has closed a deal worth about $55 billion. it is now taking over tnk-bp to become the world's largest oil output listed oil producer and also now bp will have a major stake in the company. the deal was announced at the home of russian president vladimir putin. and it comes at a time that is very important in terms of the talks that cyprus has had with moscow over helping it come over its financial troubles. keep in mind that at issue here, of course, is cyprus natural dass gas reserves offshore of interest to many countries including russia. we're looking at the ceo talking about the fact that he believes the company and the deal between bm and rosneft is actually more important than the situation in cyprus. and more than that, that they believe they've taken advanced measures and prepared for this in advance and not been affected by the situation in cyprus. that's
speaking of russian money interest, there is a major deal in the energy world today. >> reporter: that's right, brian. we told viewers about this earlier this month. and now the deal has closed. russia state oil giant rosneft has closed a deal worth about $55 billion. it is now taking over tnk-bp to become the world's largest oil output listed oil producer and also now bp will have a major stake in the company. the deal was announced at the home of russian president vladimir putin. and it...